2018 GMC Canyon Prices: MSRP vs Dealer Invoice vs True Dealer Cost

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If you're shopping for a versatile compact pickup, the 2018 GMC Canyon has it all: an impressive lineup of engine options, outstanding utility, and a comfortable, high-end interior. Here's what you need to know about the latest version of the Canyon.

What's New for the 2018 GMC Canyon?

The Canyon has just a few notable changes for the 2018 model year. All trims are now equipped with a sensor that indicates the remaining level of windshield washer fluid. New optional features include heated exterior mirrors and the GMC Active Tow system, which provides assistance with proper alignment for a trailer hookup. Drivers can also choose from two new exterior colors: Marine Blue Metallic and Satin Steel Metallic.

Trims and Features

The 2018 GMC Canyon can accommodate up to four passengers in extended cab models and five in crew cab models; the exception is the base trim, which has just two seats. Two sets of LATCH connectors accommodate child safety seats in the rear. The extended cab comes with a 6'2" bed, while the crew cab can also be purchased with a 5'2" bed.

Those who want a bare-bones work truck can opt for the lowest SL trim, which has few standard features. Next up is the base model of the Canyon comes with all the latest tech features, including a 7-inch touchscreen infotainment system that allows you to integrate your smartphone seamlessly with the Apple CarPlay and Android Auto apps. It's paired with a six-speaker audio system and has both USB and Bluetooth connectivity. As for safety, it has a rearview camera and GMC's Teen Driver system for parental peace of mind.

Choose the SLE for three additional USB ports, a larger touchscreen, and a 4G LTE hotspot. It's also outfitted with a locking rear differential and a power tailgate. With the SLT, you'll get all that plus leather upholstery and heated front seats. It's also equipped with the upgraded V6 engine.

The GMC Canyon All Terrain is designed to take on the trails, with standard four-wheel drive, hill descent control, a transfer case shield, and an upgraded off-road suspension. For luxury, choose the Canyon Denali, which is loaded with every feature available in this model.

Performance

The 2018 GMC Canyon boasts among the highest towing and hauling capacity in the compact pickup class: 7,700 pounds maximum for towing, and a 1,605-pound hauling limit when properly equipped.

Depending on trim, Canyon drivers can choose from three different engines: a 200-horsepower four-cylinder, a 181-horsepower four-cylinder turbodiesel, or a 306-hp V6. The turbodiesel is among the most fuel-efficient engines available in a compact pickup, providing a class-leading 22/30 city/highway miles per gallon. All three come with a six-speed manual transmission, though you can also opt for a six- or seven-speed automatic depending on the model you choose.

Safety

The higher GMC Canyon trims are available with a host of active driver assistance systems, including forward collision warning and lane departure warning. The truck has a four-star overall safety rating from the National Highway and Traffic Safety Administration.

How to Calculate The Dealer Cost of a GMC Canyon:

Formula for Calculating Dealer Cost:

• Example: Base GMC Canyon invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
• What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

Note: All GMC Canyon MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.